Fintech sector sees investment rise amid market concentration

The global fintech sector is experiencing a significant investment rebound. According to the KPMG Pulse of Fintech H1 2026 report, $103.1 billion was invested in the first half of 2026, marking a 43% increase from the $72.2 billion recorded in the second half of 2025. However, this growth is characterized by high market concentration; while total investment is rising, the number of transactions has dropped to 2,100, the lowest in several years. The ten largest deals accounted for 62% of the total capital, including Global Payments’ $24.3 billion acquisition of Worldpay.

In the African market, the Senegalese fintech InTouch has demonstrated significant scale since its founding in 2014 by Omar Cissé. The company now operates across 27 African countries and processed approximately €3 billion (nearly 10 trillion FCFA) in transactions in 2024 alone. InTouch provides various digital payment solutions, including mobile money integration, API services, and a physical network of over 60,000 TouchPoints. The company serves diverse clients such as TotalEnergies and the Radio Télévision Sénégalaise.